BLBG: Copper Advances in London as Banking Concerns Ease: LME Preview
By Anna Stablum
April 20 (Bloomberg) -- Copper rose from a three-week low in London as concerns over increased scrutiny on banks eased after people familiar with the matter said regulators were split on suing Goldman Sachs Group Inc.
Market News:
Metals News:
Metal Prices:
-- Copper rose 0.6 percent to $7,742 a metric ton on the
London Metal Exchange at 7:43 a.m. Relative Strength Index
52.
-- Aluminum climbed 0.7 percent to $2,385 a ton. RSI 58.
-- Zinc rose 0.7 percent to $2,406 a ton. RSI 53.
-- Lead climbed 0.8 percent to $2,253 a ton. RSI 51.
-- Nickel advanced 0.7 percent to $26,880 a ton. RSI 75.
-- Tin rose 0.4 percent to $18,880 a ton. RSI 65.
Other markets: Last % Change % YTD
U.S. Dollar Index 81.038 0.2 4.1
Crude oil $82.05 0.7 3.4
Gold $1,137.70 0.2 3.7
MSCI World Index 1,218.06 0.1 4.3
Economic Events:
Forecast Prior Time
(London)
GE ZEW Survey (Econ.Sentiment) 45.1 44.5 10:00
U.S. ABC Consumer Confidence -- -47 22:00
To contact the reporter on this story: Anna Stablum in London at astablum@bloomberg.net.
